The promoters of furnace maker Electrotherm acquired the US battery maker, Firefly Energy, in October 2010 along with its patented technology. Firefly Energy India will start production of carbon foam batteries, which are environment-friendly and have longer discharge cycles, by June.

So...the price is still high because demand is high (when sellers run out of stock there are long waits for new batteries) and availability is low (most of the batteries are going into the Indian market).

A quick survey of prices here in Canada did show a price drop, but I was hoping things would improve a bit more...

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__________________"The most interesting path between two points is not a straight line" Murray Minchin